Streamline SAFE fundraising in days, not weeks

Close funding rounds faster with integrated SAFE templates, automated investor onboarding, and real-time conversion modeling, all in one platform.
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Essential tools founders need to run SAFE rounds smoothly

Clear, founder-friendly SAFE workflow built for early-stage teams
Instand round setup
Launch a SAFE round in minutes using built-in templates and guided configuration
Frictionless investor flow
Send offers, collect signatures, and onboard investors digitally
Future dilution modeling
Preview dilution before signing by simulating caps, discounts, and future priced rounds
Automatic cap table sync
Every SAFE updates your cap table seamlessly, maintaining fully diluted accuracy
Conversion ready tracking
Monitor terms, trigger events, and conversion timing without spreadsheets
Built-in investor updates
Save, compare, and share scenarios for board discussions

See how Cake simplifies SAFEs

Get started today

Launch your SAFE round in 4 simple steps

A quick, guided flow to set up and issue SAFEs

Create your SAFE round

Define your terms, agreement structure, and fundraising goals before inviting investors.

Attach your agreement

Use Cake's standard template or one drafted by your legal team.

Add investors and send

Share the agreement with investors, include their individual terms, and collect signatures.

Track and convert

Monitor commitments, keep an eye on future conversion scenarios, and prepare for conversion at the next priced round.

Your questions, answered

Need help? Visit the Help Center.
Which Cake plans include SAFEs?

SAFE round management is available across Cake plans, allowing you to set up rounds, attach templates, and manage investor onboarding.

Can I use my own SAFE agreement template?

Yes, you can upload custom SAFE agreements once on the starter plan. Contact the CS team to ensure compatibility and integration with your account. Cake also provides free, lawyer-approved SAFE templates that auto-populate with investor details and merge tags.

How do SAFEs convert in future rounds?

SAFEs automatically convert at predetermined trigger events like priced equity rounds, using either the valuation cap or discount rate—whichever gives investors better terms. The platform models conversion scenarios so you can see dilution impact before committing.

What's the difference between SAFEs and convertible notes?

SAFEs are equity instruments without debt obligations—no interest rates, maturity dates, or repayment requirements. This makes them simpler and more founder-friendly than convertible notes, though they typically appear in the equity section of your balance sheet.

Are there limits on SAFE round sizes?

There are no platform limits on the number of SAFEs you can issue or total amounts raised. Cake's modeling tools help you simulate multiple SAFE conversions simultaneously to understand cumulative dilution effects.

How does SAFE tracking integrate with cap tables?

All SAFE notes are automatically recorded in your cap table, providing transparency for investors and ensuring proper documentation for future due diligence. The platform maintains fully diluted calculations including all outstanding SAFEs.